Home News Residents lament as fuel sells for N1,500 per litre in Ado-Ekiti
News

Residents lament as fuel sells for N1,500 per litre in Ado-Ekiti

119
As fuel scarcity continues to affect different states in the country, Ado-Ekiti, residents are not left out, with skyrocketing prices and allegations of bribery at petrol stations.

As fuel scarcity continues to affect different states in the country, Ado-Ekiti, residents are not left out, with skyrocketing prices and allegations of bribery at petrol stations.

With the cost of petrol hitting N1,500 per litre, according to AIT.

In conversations with some of the affected buyers, he lamented,

There should be a stop to all this nonsense and shenanigans. There have been a lot of people here since yesterday, there is no fuel, and if you want to buy the fuel, you have to pay extra money. They are collecting bribes.

The queues at different petrol stations left people frustrated, where people spend hours waiting only to face disappointment as stations close prematurely.

You have to accept the situation when you spend hours in queues, and even eventually, in trying to get the fuel, the filling stations will close early, remarked a resident. This is unfair, and the government has not given us convincing reasons why we have to celebrate workers’ day with fuel scarcity, he stated.

Some of the residents recall the optimism that followed President Tinubu’s announcement regarding the removal of fuel subsidies. However, instead of relief, they are met with exorbitant prices and an arduous procurement process.

Speaking to the AIT, the Chairman of the Petroleum Dealers Association in Ekiti State, Olu Olomele sheds light on the root cause of the scarcity.

According to Olomele,

the unavailability of the product in private depots within the state is the primary driver of the crisis.

Read: Iran Impose Sanctions on US, UK for Supporting Israel

About The Author

Related Articles

Femi Otedola
FinanceNews

Femi Otedola Increases Stake By N18.9bn, Becomes First Bank’s Largest Shareholder

Nigerian billionaire Femi Otedola has emerged as the largest shareholder of FBN...

FinanceNews

German Govt. Agency Transfers Bitcoin Worth Over $400 Million, Sends Some To Crypto Exchanges – Arkham 

A German government agency has transferred a significant amount of Bitcoin, valued...

FinanceNews

Swiss Central Bank Cuts Interest Rates For Second Time This Year 

The Swiss National Bank (SNB) has cut its key interest rate for...

Juneteenth Celebration
NewsWorld

Several People Shot At Juneteenth Celebration In Oakland, California

A Juneteenth celebration in Oakland, California, turned violent when several people were...